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Technology Stocks : Lucent Technologies (LU)
LU 2.6450.0%Dec 24 12:59 PM EST

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To: MRE who wrote ()10/20/1999 1:23:00 AM
From: Bob Askins  Read Replies (2) of 21876
 
Lucent is bloated compared to Cisco...heavier balance sheet and negative 1.2 billion operating cash vs Cisco almost 3 billion positive operating cast last quarter. Not a pretty sight...

However, there is something to be said about gravity. You have greater diversification of technology (fiber optics, DSL) and a better arsenal of patents (Bell Labs). Cisco pays a premium for R&D it acquires from purchase of start-ups. Lucent until recently has taken on a more traditional home-grown route. Who cares if the lady Lucent is a fat ugly pig if her child-bearing hips can yield more and at a faster rate than Cisco.
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